Centre appeals against 2nd Vodafone arbitration
NEW DELHI: A two-judge bench of Delhi high court on Thursday admitted the centre’s appeal against an order of a single-judge bench refusing to halt the second arbitration in the second arbitration invoked by Vodafone Group Plc against it, while another arbitration on the same case is under way. The arbitration pertains to a retrospective tax, which has since grown to over ₹22,000 crore, imposed on the telco in 2012 for its $11 billion acquisition of Hutchinson Telecom.